Tag: Continue

Fundamental Forecast for EUR/USD: Neutral – Incoming July inflation data to show that price pressures barely over half of the ECB’s target; the stronger the Euro gets, the more of an issue it becomes for inflation. – In the futures market, net-long Euro positions remain near their largest level since May 2011 – right when […]

Fundamental Forecast for EUR/USD: Bullish – Continued rise in US political risk has increased Euro’s appeal versus US Dollar, particularly as timeline for US fiscal stimulus appears to have been pushed back significantly. – The retail crowd still isn’t buying into the EUR/USD rally – which means it may have more room to run yet. […]

Talking Points: – Fed Chair Janet Yellen’s two-day Humphrey-Hawkins testimony evoked some interesting volatility this week; first with a very strong Dollar after day one, followed by a very weak Dollar and very strong gains in stock prices after day two. – Next week’s economic calendar is relatively light, and this can be a great […]